Cable / Telecom News

Quebecor shows 12.7% increase in revenue for Q2 2021

MONTREAL – Quebecor Inc. announced yesterday its revenues are up 12.7% to $1.13 billion in the second quarter of 2021 compared to the same quarter of 2020. The company’s adjusted EBITDA was up by $25.7 million, or 5.4%, to $501.4 million, according to a press release. Quebecor’s telecommunications segment specifically increased its revenues by $59.3 million, or 6.8% and its adjusted EBITDA grew by $17.9 million, or 3.9%, for Q2 of 2021. Videotron also reported an increase in revenue specifically from wireline equipment by 127.1%, mobile services and equipment by 12.4% and Internet access by 9.3% in Q2. TVA Group,...